Quarter two of 2013’s exports reached US$1.6 billion, boosting total value in the first half of 2013 to US$2.9 billion, the same level compared to that recorded in January - June 2012, reports Vasep.
Since Q2 2013, the reversal trend among some main seafood products became clear: strong growth in shrimp sales abroad and slight rise for pangasius products, but sharp drop in trade of tuna and marine fish species.
The supply of shrimp rebounded in the second quarter as processing companies and farmers took measures to face EMS disease on shrimp. At the same time, global shrimp production fell to low level, pushing prices up and leading to high value of shrimp exports in Q2 2013.
Pangasius exports have not shown positive signs but the sector turned to be on stable trend because a decreasing supply of raw material stimulated importers demand. Despite of higher antidumping tax on frozen pangasius fillets in the US and negative allegation by media in some European countries, pangasius still saw opportunities to develop in the US and other potential markets such as Brazil, Mexico and China.
This year, processors and exporters of tuna and marine fish products fell into financial troubles, which were combined with unstable supply, weakened demands and stricter technique barriers set by consumer markets. As a result, tuna exports went down 10.6 per cent in Q2 2013 and it will be difficult for the sector to recover in the coming time.
In contrast to persistent drop in exports to the EU and South Korea, the US and Japan is speeding up purchase from Viet Nam. In particular, Chinese market holds more important place among fish importers with rising proportion in Viet Nam’s total export value.
Will exports of shrimp and pangasius products continue to increase in the third quarter and the second half of 2013? Whether tuna exporters find ways to develop potential markets or keep seeing slide in revenue? And will China accelerate its purchase from Viet Nam?
In addition to statistics and analyses on seafood production and exports, consumption trend in the global market in Q2 2013, VASEP’s Report on Vietnam seafood exports in Q2 2013 will provide analyses on the coming trend on production and exports of Viet Nam’s key fishery sectors in Q3 and the second half of 2013.
(seafood.vasep.com.vn) The Report on Vietnam Pangasius Sector 2015–2024, produced and released by the Vietnam Association of Seafood Exporters and Producers (VASEP) in January 2025, is expected to provide enterprises, importers, and government agencies with a comprehensive overview of key developments in Vietnam's pangasius production and export over the past decade. In addition to highlighting achievements, the report identifies existing challenges and analyzes future opportunities and threats for the pangasius industry.
(vasep.com.vn) Overcoming two years of fluctuation in both export markets and domestic production, Vietnam's pangasius industry has demonstrated resilience, adaptability, and a strong determination to seize opportunities and boost exports to various markets. As a result, in 2024, pangasius exports reached USD 2 billion, a 9% increase compared to 2023. This achievement is a source of pride for Vietnam's aquaculture and agriculture sectors.
(seafood.vasep.com) Speaking at a conference to implement the 2025 plan of the Ministry of Agriculture and Rural Development, Prime Minister Pham Minh Chinh urged the agricultural sector to strive for a total export turnover of agricultural, forestry, and fishery products reaching $70 billion by 2025.
With robust production and processing infrastructure, combined with continuous market development efforts, Vietnam’s seafood exports are poised for 10–15% growth in 2025.
In 2025, seafood exports are expected to continue to grow better and could reach 11 billion USD as in 2022. However, this is also the year the seafood industry will face challenges, including increased competition from other countries, trade wars and market barriers...
(seafood.vasep.com.vn) On the afternoon of December 25, at Toan Thinh Conference Center (Soc Trang City), the Soc Trang Fisheries Sub-department, under the Department of Agriculture and Rural Development of Soc Trang, held a conference to review the 2024 aquaculture activities and outline the brackish water shrimp farming plan for 2025. The event was attended by Ms. Quach Thi Thanh Binh, Deputy Director of the Department of Agriculture and Rural Development of Soc Trang.
The Mekong Delta province of Soc Trang aims to achieve export value of over 1.9 billion USD in 2025 by boosting production and processing of key products such as seafood, high-quality rice, fruits, and garments.
The UK-Vietnam Free Trade Agreement has significantly boosted Vietnamese seafood exports, with shrimp and pangasius leading the charge in the UK market.
(seafood.vasep.com.vn) In November 2024, Vietnam's tuna exports failed to maintain the rapid growth momentum seen earlier. Export value during the month increased by nearly 4% year-on-year, reaching approximately USD 82 million. Cumulatively, the export value for the first 11 months of 2024 totaled USD 903 million, a 17% increase compared to the same period in 2023. However, at this growth rate, the total export turnover for 2024 is estimated to only reach around USD 1 billion.
(seafood.vasep.com.vn) On the evening of December 24, 2024, in Hanoi, the Central Youth Union, Viet nam Youth Federation and the Vietnam Young Entrepreneurs Association held the Vietnam Golden Star Award Ceremony 2024, with the theme "Reaching Vietnam", honoring 200 outstanding enterprises. Deputy Prime Minister Nguyen Hoa Binh attended.
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